Hanesbrands 2010 Profits Soar on 11.2% Sale Gain
Hanesbrands nearly quadrupled its profits on an 11.2% increase in sales to $4.33 billion last year and projected higher earnings for 2011. The company said market share gains accounted for 6 percentage points of the sales growth, but that price increases
RECALL: KEE Action Sports Paintball Gun
About 1,400 paintball guns from KEE Action Sports are being recalled. The U.S. Consumer Product Safety Commission said that when users attempt to pierce the CO2 cartridge by closing the lever to the cartridge chamber, the cartridge can fly out of the mark
Cybex Receives Notice of Possible Delisting
Cybex International, Inc., the fitness equipment maker, said that on Jan. 11 it received a letter from the NASDAQ Stock Market notifying Cybex that it no longer meets the NASDAQ's continued listing requirement for being listed on the exchange…
Timbuk2 Hires Director of Consumer Electronics
Timbuk2 of San Francisco hired Adam Croan as its director of consumer electronics. Hired just weeks after Timbuk2 won a design award at it first-ever Consumer Electronics Show, Croan will use more than 13 years of experience in both the consumer electroni
JJB Sports Fined for Failure to Disclose Deal Costs
JJB Sports has been fined £445,000 ($609,000) by the the U.K.'s Financial Services Authority (FSA) for misleading the market over the true cost of two acquisitions…
Luxottica’s North American Sales Grow 20% in Q4
Luxottica Group S.p.A. , the parent of Oakley and Ray Ban, Luxottica Monday reported a 16.4% rise in fourth-quarter revenue, driven by strong retail sales at Luxottica's Sunglass Hut store network and an almost 20% jump in North American wholesale sa
Lew’s Fishing Appoints Remensnyder as President
Lew's said outdoor industry executive Gary Remensnyder has joined the company and will assume the role of president, effective immediately…
OBIT: Former NSGA Chairman John Cook Passes Away
John Cook, Sr., who served as chairman of the National Sporting Goods Association (NSGA) from 1987-1988, passed away on Sat., Jan. 15. He was 82 years old…
Gallup Poll Says January Consumer Confidence Up from December
Gallup's Economic Confidence Index improved to -21 during the week ending Jan. 9, 2011 — considerably better than December's -28, but essentially the same as the -22 of the same week in 2010, according to a recent survey conducted by the pollst
Investor Conferences Kick Off the New Year with Upgrades, Warnings and Outlooks
Industry public companies hit the investor conference circuit last week in an environment that was in part as upbeat as last year but also a bit more cautious as real solid growth trends at retail prove to be a bit elusive for many…
Zappos Tops NRF Survey
In a survey of 9,200 shoppers, Zappos.com took top honors in the sixth annual NRF Foundation/American Express Customers' Choice survey, conducted by BIGresearch…
Import Growth to Slow
Import cargo volume at the nation's major retail container ports is expected to rise in the high-single-digits this year and remain well below peak levels reached in 2008, according to the latest forecasts from Hackett Associates, which prepares the
December Outdoor Sales Outpace Broader Market
The outdoor specialty business in the five-week fiscal month of December, as in November, outpaced the retail market as a whole and mirrored trends seen in the luxury market…
Internet Channel Continues to Take Retail Share
Native and Costa del Sol Sales Rose 19% in 2010
A.T. Cross Company said revenues at its optical business, which owns the Native and Costa del Mar sunglasses brands, grew 19% in the fourth quarter, helping the company exceed its 2010 earnings per share guidance of 45 cents, up from 13 cents in 2009. The
Outdoor Retailer, Interbike Parent to Float IPO
Nielsen Holdings B.V., which owns the Outdoor Retailer and Interbike trade shows, plans to sell a 20% stake to the public in an IPO that would raise approximately $1.42 billion to pay down high-interest-rate loans used by private equity investors to buy t
